Quote:
Originally Posted by Directly
Next year Ebay and Paypal will begin reporting sales over 600.00 to the IRS. That said if a seller sells say 10,000 on Ebay in 2022, which is easy to do--and didn't report sales from the past, this might create a RED FLAG for a future audit--??--enjoy your retirement!
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Thank you. I hope to.
Every new business has a first year don't they? Is that really a red flag?